dYdX ( DYDX )

Project basic information

• Issue Time：

  2021-07-12
• Total Supply：

  1,000,000,000
• Circulation：

  156,256,174
• White paper：

  DYDX WP
• Website：

  https://dydx.community/
• Block Explorer：

  https://etherscan.io

Project Introduction

DYDX (dYdX) is the governance token for the layer 2 protocol of the eponymous non-custodial decentralized cryptocurrency exchange. It serves to facilitate the operation of layer 2 and allows traders, liquidity providers and partners to contribute to the definition of the protocol's future as a community.

Token holders are granted the right to propose changes on the dYdX’s layer 2, and are presented with an opportunity to profit through token staking and trading fee discounts.